Developer Shields Pitched in Standalone Bill as Senate Nears Market-Structure Unveiling

Lummis Introduces Blockchain Bill Ahead of Crypto Legislation

Lummis and Wyden introduce a bill shielding non-custodial DeFi developers as Senate readies crypto market structure vote.

Developer shields pitched in standalone bill as Senate nears market-structure unveiling

Senator Cynthia Lummis introduced a standalone bill to press a key point on how blockchain software developers are treated, though crypto market structure observers await the big show.

Solana Policy Institute Calls on SEC to Safeguard DeFi Developers from Overly Strict Regulations

US Crypto Policy Innovation: Advocates Push for Clear Regulations and Developer Protections The Solana Policy Institute has urged the U.S. Securities and Exchange Commission (SEC) to differentiate between centralized crypto exchanges and non-custodial decentralized finance (DeFi) software. The nonprofit emphasizes that developers creating and publishing non-custodial code should not be classified as intermediaries, advocating for balanced regula…

Cynthia Lummis Introduces Bill To Safeguard Crypto Developers From Money Transmitter Rules, Argues Against Penalties 'Simply Because They Write Code'

Sen. Cynthia Lummis (R-Wyo.) and Sen. Ron Wyden (D-OR) put forth a bipartisan bill on Monday with the intent to shield blockchain developers from being categorized as money transmitters under federal law. ‘Stop Treating Software Developers Like Banks’ The Blockchain Regulatory Certainty Act aims to exempt “non-controlling” software developers and infrastructure providers from federal money transfer requirements. Non-controlling developers are de…

Bipartisan Senate Bill Seeks Clarity on Crypto Developer Liability Under Federal Law

The bill aims to define when and how crypto developers can face liability, as enforcement actions have intensified the debate.

Senators Lummis and Wyden push bill to exempt non-custodial blockchain developers from money transmitter laws

Exempting non-custodial blockchain developers from money transmitter laws could boost innovation and protect privacy rights in the US. The post Senators Lummis and Wyden push bill to exempt non-custodial blockchain developers from money transmitter laws appeared first on Crypto Briefing.